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AMBASSADOR OIL AND GAS LIMITED (ASX:AQO) - wireline logs indicate oil: drill testing now, 10409637, page-7 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
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Examples of flow rate from the McKinlay member of the Murta...

  1. sandstone
    617 Posts.
    lightbulb Created with Sketch. 7
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    09/07/12
    10:09
    Post #: 10409637
    Examples of flow rate from the McKinlay member of the Murta Formation by Senex the operator of Shocking-1 from their well 1.8 KM away.

    I picked up some more this morning.

    http://www.stocknessmonster.com/news-item?S=SXY&E=ASX&N=232634

    Senex Energy Limited (Senex) advises that the Vintage Crop-1 exploration well in South Australian Cooper Basin permit PEL 516 (Senex 100%) has discovered a new oil field with the successful testing of the McKinlay Member.

    A gross oil column of 10 metres with a three metre net pay was encountered in the McKinlay Member of the Murta Formation. A Drill Stem Test on the McKinlay Member recovered 39 barrels of 54.6 API, light brown oil in a 3 hour flow period, equivalent to a flow rate of 312 barrels of oil per day. Preliminary interpretation of the Drill Stem Test and wireline log data indicates at least 305,000 barrels of oil in place from this well.
    AQO Price at posting: 14.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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